US firm awarded $188m in suit against JCI

Pennsylvania-based Hemispherx Biopharma has won a $188-million ruling against JSE-listed Johannesburg Consolidated Investments (JCI) and former JCI officers Brett Kebble and Hendrik Buitendag, the US firm said on Wednesday. Hemispherx alleged...

South Deep will prove to be one of the best investments ever made – Gold Fields

South Deep will prove to be one of the best investments ever made, says Gold Fields CEO Nick Holland. “People will look back and say, ‘it was a steal’, in comparison to everything else out there,” Holland says. Gold Fields is positioning...

Gilbertson, Davis set to ‘turn platinum-mining on its head'

The introduction of Mick Davis' Xstrata and Brian Gilbertson's Pallinghurst would turn the platinum-mining business on its head, RBC Capital Market analyst Leon Esterhuizen predicted on Tuesday. Esterhuizen said that, by their very nature, both...

Platinum pioneers still showing the way

More than 80 years since the first significant discovery of platinum in South Africa, exploration for the precious continues unabated in the Bushveld Igneous Complex (BIC).

Breaking into new markets

Project house Greenblat & Hutton (G&H) is forecasting an upturn in business during 2004 as a consequence of its strategy to penetrate new mineral markets.

Who framed Roger Kebble?

Johannesburg Consolidated Investments (JCI) chief executive Brett Kebble accused gold mining company Durban Roodepoort Deep (DRD) yesterday of bribing police to frame his father Roger Kebble for fraud.

Kebbles up the ante in DRD fight

Lawyers acting for Brett and Roger Kebble have issued summons against Durban Roodepoort Deep (DRD), Associated Intelligence Network (AIN) and DRD CE Mark Wellesley-Wood for invasion of privacy and infringement of their constitutional rights.

Billion-rand coal plan in the spotlight

One of the big coal mine expectations for the New Year is the proposed new billion-rand Klipspruit coal-mine, planned in Mpumalanga, South Africa’s coal province.

Grand old coal-mine placed in hands of closure team

A closure team has taken over at the historic Rietspruit Colliery in Mpumalanga which has ceased operations.

20% blacks at the top level

To become the first black executive director at the world’s largest platinum company would be a daunting task for most, but for Eric Ngubane, in charge of Anglo Platinum’s human resources, this is a welcome challenge he is more than...

South African open-pit may go underground in Canadian style

Harmony

Black-empowerment company digs deep in mining

JIC Mining Services, part of the black-owned Molope group, today produces 350 kg of gold a month, about 120 000 t of platinum ore a month employs 15 000 people.